Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 12-01-2021 , and ending 11-30-2022
Name of foundation
HELEN CLOSE CHARITABLE FOUNDATION
C/O BARNARD VOGLER & CO
Number and street (or P.O. box number if mail is not delivered to street address)100 W LIBERTY ST 1100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RENO, NV89501
A Employer identification number

88-0214245
B Telephone number (see instructions)

(775) 786-6141
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,276,553J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 135,560 135,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 263,120
b Gross sales price for all assets on line 6a 984,133
7 Capital gain net income (from Part IV, line 2)... 263,120
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 16 16  
12 Total. Add lines 1 through 11........ 398,696 398,696  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 46,270 23,135   23,135
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,124 2,062   2,062
c Other professional fees (attach schedule).... Click to see attachment 40,727 40,727   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,314 1,725   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,200 600   600
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,475 325   1,150
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100,110 68,574   26,947
25 Contributions, gifts, grants paid....... 270,960 270,960
26 Total expenses and disbursements. Add lines 24 and 25 371,070 68,574   297,907
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 27,626
b Net investment income (if negative, enter -0-) 330,122
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 201,485 60,105 60,105
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,859,346 Click to see attachment2,886,817 3,748,641
c Investments—corporate bonds (attach schedule)....... 2,567,240 Click to see attachment2,708,364 2,466,606
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment628 Click to see attachment1,201 Click to see attachment1,201
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,628,699 5,656,487 6,276,553
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment162
23 Total liabilities (add lines 17 through 22)......... 0 162
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 5,628,699 5,656,325
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,628,699 5,656,325
30 Total liabilities and net assets/fund balances (see instructions). 5,628,699 5,656,487
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,628,699
2
Enter amount from Part I, line 27a .....................
2
27,626
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,656,325
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,656,325
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 984,133   721,013 263,120
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       263,120
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 263,120
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,589
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,589
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,790
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,790
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,201
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,201 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNV
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBARNARD VOGLER CO Telephone no.bullet (775) 786-6141

    Located atbullet100 WEST LIBERTY STREET SUITE 1100RENO NEVADARENONV ZIP+4bullet89501
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KENNETH E STIEHA JR PRESIDENT/TRUSTEE
    3.00     		14,770 0 0
    100 WEST LIBERTY STREET SUITE 1100
    RENO,NV89501
    CAROLE MATHISEN SECRETARY/TRUSTEE
    2.00     		10,500 0 0
    100 WEST LIBERTY STREET SUITE 1100
    RENO,NV89501
    BETTY VOGLER TREASURER/TRUSTEE
    2.00     		10,500 0 0
    100 WEST LIBERTY STREET SUITE 1100
    RENO,NV89501
    DAVID M QUINN V PRESIDENT/TRUSTEE
    2.00     		10,500 0 0
    100 WEST LIBERTY STREET SUITE 1100
    RENO,NV89501
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,587,669
    b
    Average of monthly cash balances.......................
    1b
    121,192
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,708,861
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,708,861
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    100,633
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,608,228
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    330,411
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    330,411
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,589
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,589
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    325,822
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    325,822
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    325,822
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 325,822
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 159,449
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 297,907
    a Applied to 2020, but not more than line 2a 159,449
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 138,458
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		187,364
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KENNETH E STIEHA JR PRESIDENT
    100 W LIBERTY STREET SUITE 1100
    RENO,NV89501
    (775) 786-6141
    bThe form in which applications should be submitted and information and materials they should include:
    SUMMARY OF NEED AND AMOUNT TO BE SUBMITTED PRIOR TO PRESCRIBED FORM BEING MADE AVAILABLE.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS MADE AVAILABLE PRIMARILY IN NEVADA AND ADJACENT CALIFORNIA COUNTIES
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CARE CHEST OF SIERRA NEAVDA
    7910 N VIRGINIA ST
    RENO,NV89506     		NONE PUBLIC CHARITY MEDICAL RESOURCE PROGRAMS 20,000
    DOMESTIC VIOLENCE RESOURCE CENTER
    1735 VASSER STREET
    RENO,NV89502     		NONE PUBLIC CHARITY EMERGENCY SERVICES FOR SURVIVORS 15,000
    FRIENDS IN SERVICE HELPING EMERGENCY REFERRAL SERVICE
    138 E LONG STREET
    CARSON CITY,NV89706     		NONE PUBLIC CHARITY CLIENT SERVICES SUPPORT 2,500
    GREAT BASIN COLLEGE FOUNDATION
    PO BOX 2056
    ELKO,NV89803     		NONE PUBLIC CHARITY SCHOLARSHIPS 7,500
    HUMANE SOCIETY OF TRUCKEE-TAHOE
    10961 STEVENS LN
    TRUCKEE,CA96161     		NONE PUBLIC CHARITY HEALTHY PETS MEDICAL COSTS AND OTHER PROGRAMS 20,000
    INSTITUTE OF RANGE AND THE AMERICAN MUSTANG
    PO BOX 998
    HOT SPRINGS,SD57747     		NONE PUBLIC CHARITY HAY ASSISTANCE 5,000
    NEVADA DISCOVERY MUSEUM
    490 S CENTER ST
    RENO,NV89501     		NONE PUBLIC CHARITY UNDERSERVED FINANCIAL AID 20,000
    SAFE TALK FOR TEENS
    6490 S MCCARRAN BLVD BLDG D1 S36
    RENO,NV89509     		NONE PUBLIC CHARITY YOUTH ADVISORY SERVICES 5,000
    SIERRA NEVADA JOURNEYS
    190 E LIBERTY ST
    RENO,NV89501     		NONE PUBLIC CHARITY SUMMER CAMP FOR 55 RHA YOUTH 53,460
    SOROPTIMIST INTERNATIONAL OF TRUCKEE MEADOWS
    PO BOX 20125
    RENO,NV89515     		NONE PUBLIC CHARITY LIVE YOUR DREAM AWARD AND SCHOLARSHIP PROGRAM SUPPORT 2,500
    SPECIAL RECREATION SERVICES INC
    PO BOX 7178
    RENO,NV89510     		NONE PUBLIC CHARITY CAMP SCHOLARSHIPS 5,000
    TRUCKEE MEADOWS COMMUNITY COLLEGE FOUNDATION
    7000 DANDINI BLVD RDMT 200G
    RENO,NV89512     		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000
    UNIVERSITY OF NEVADA RENO FOUNDATION
    1664 N VIRGINIA STREET
    RENO,NV895570162     		NONE PUBLIC CHARITY SCHOLARSHIPS 40,000
    UNIVERSITY OF NEVADA RENO FOUNDATION
    1664 N VIRGINIA STREET
    RENO,NV895570162     		NONE PUBLIC CHARITY LIVING WITH FIRE PROGRAM SUPPOR 2,500
    WESTERN NEVADA COLLEGE FOUNDATION
    2201 WEST COLLEGE PARKWAY
    CARSON CITY,NV89703     		NONE PUBLIC CHARITY SCHOLARSHIPS 7,500
    DOUGLAS ANIMAL WELFARE GROUP
    PO BOX 1850
    GARDNERVILLE,NV89410     		NONE PUBLIC CHARITY MEDICAL ASSISTANCE FOR ANIMALS 2,500
    THE CHILDREN'S CABINET
    1090 S ROCK BOULEVARD
    RENO,NV89502     		NONE PUBLIC CHARITY CLIENT EMERGENCY NEEDS FUND 15,000
    UNIVERSITY OF NEVADA RENO FOUNDATION
    1664 N VIRGINIA STREET
    RENO,NV895570162     		NONE PUBLIC CHARITY PACK PROVISIONS FOOD SUPPORT 2,500
    SKY TAVERN INC
    21130 MT ROSE HIGHWAY
    RENO,NV89511     		NONE PUBLIC CHARITY SNOWMAKING CAPITAL CAMPAIGN 25,000
    CHANNEL 5 PUBLIC BROADCASTING INC
    1670 N VIRGINIA ST
    RENO,NV89503     		NONE PUBLIC CHARITY PBS RENO CURIOSITY CLASSROOM 10,000
    Total .................................bullet 3a 270,960
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 263,120  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 398,696 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    398,696
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 4,124 2,062   2,062

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 58,301 56,176
    AETNA INC NEW 60,158 59,272
    AFLAC INC CALLABLE 07/15/26 AT 100.000 34,053 31,766
    AIR LEASE CORP CALLABLE 09/01/27 AT 100.000 33,457 32,239
    ALLY FINL INC 50,182 50,211
    AMAZON COM INC 54,627 53,935
    AMERICAN HONDA FIN CORP 52,863 49,524
    AMPHENOL CORP NEW 66,929 56,796
    ANHEUSER-BUSCH INBEV WORLDWIDE 55,631 51,845
    APPLIED MATERIALS INC 50,728 46,113
    AT&T INC CALLABLE 11/15/26 AT 100.000 34,399 32,690
    AUTOZONE INC 34,372 33,226
    AVALONBAY COMMUNITIES INC 33,708 32,181
    BLACKROCK INC 67,866 57,501
    BOSTON PROPERTIES LIMITED 72,626 56,651
    BP CAPITAL MARKETS AMERICA INC 51,293 48,104
    CITIGROUP INC 65,426 54,718
    CONOCO INC 30,790 28,899
    CSX CORP-DEBS 57,125 51,044
    ECOLAB INC 54,182 42,930
    EL PASO PIPELINE PARTNERS OPER 33,355 32,553
    EMERSON ELECTRIC CO 52,932 45,859
    ENBRIDGE INC MTN CDS- SR NT 52,625 50,938
    ENTERGY CORP NEW 57,992 54,078
    FEDEX CORP 73,856 59,958
    FOX CORP 50,977 49,687
    GENERAL MOTORS FINANCIAL CO 58,274 55,296
    JOHNSON & JOHNSON 57,560 54,647
    JP MORGAN CHASE & CO 52,616 42,396
    LINCOLN NATL CORP 68,009 54,723
    MARRIOTT INTL INC 65,871 69,195
    MONDELEZ INTL INC 73,418 60,058
    NEWMONT MNG CORP 50,667 39,398
    NORTHROP GRUMMAN CORP 58,430 57,356
    PROGRESSIVE CORP 70,605 67,735
    QUALCOMM INC 59,485 57,524
    REPUBLIC SERVICES INC 33,716 32,502
    REYNOLDS AMERN INC 58,094 54,948
    SHERWIN WILLIAMS CO 54,694 44,976
    SIMON PROPERTY GROUP L P 58,324 55,226
    SOUTHERN CO 65,639 60,717
    STARBUCKS CORP 67,342 56,692
    THE CHARLES SCHWAB CORP 56,538 51,700
    TOYOTA MTR CORP 59,549 52,298
    UNION PACIFIC CORP 48,708 50,895
    UNITED TECHNOLOGIES CORP 49,530 43,022
    VERIZON COMMUNICATIONS INC 57,892 55,839
    VIRGINIA ELEC & PWR CO CALLABLE 10/15/25 AT 100.000 34,107 33,280
    WASTE MGMT INC 52,072 46,496
    WELLS FARGO & CO 56,771 50,793

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMGEN INC 9,412 9,451
    APPLE INC 9,286 9,178
    COCA COLA COMPANY 9,281 9,478
    ECOLAB INC 9,288 9,439
    EXXON MOBIL CORP 9,335 9,130
    FIRST TRUST CLOUD COMPUTING ETF 213,808 233,967
    FIRST TRUST ETF DOW JONES INTERNET INDEX FUND 162,720 165,248
    GENERAL DYNAMICS CORP 9,336 9,338
    HOME DEPOT INC 9,453 9,396
    HONEYWELL INTL INC 9,172 9,221
    ISHARES BIOTECHNOLOGY ETF 180,835 197,559
    ISHARES CORE MSCI EMERGING 196,383 196,522
    ISHARES INC ISHARES MSCI JAPAN ETF 83,065 79,292
    ISHARES INC ISHARES MSCI SWEDEN ETF 33,534 31,849
    ISHARES INC ISHARES MSCI SWITZERLAND ETF 49,286 55,328
    ISHARES INC MSCI EUROZONE ETF 152,271 151,741
    ISHARES MSCI CANADA ETF 78,163 95,119
    ISHARES MSCI PACIFIC EX JAPAN 183,362 192,322
    SELECT SECTOR SPDR FUND SHS BEN CONSUMER 182,248 264,129
    SELECT SECTOR SPDR TRUST SHS BEN INT ENERGY 13,446 26,160
    SELECT SECTOR SPDR TRUST THE COMMUNICATION SERVICES 236,787 251,523
    SELECT SECTOR SPDR TRUST THE FINANCIAL SELECT SECTOR 190,813 265,063
    SELECT SECTOR SPDR TRUST THE HEALTH CARE SELECT SECTOR 121,706 219,235
    SELECT SECTOR SPDR TRUST THE REAL ESTATE SELECT SECTOR SPDR FUND 44,751 49,207
    SELECT SECTOR SPDR TRUST THE UTILITIES SELECT SECTOR 13,240 14,929
    SPDR SER TR S&P INS ETF 20,719 24,598
    STARBUCKS CORP 9,327 9,709
    TEXAS INSTRUMENTS INCORPORATED 9,281 9,564
    TRUIST FINANCIAL INCORPORATED 9,278 9,362
    UNITEDHEALTH GROUP INC 9,426 9,860
    VANGUARD MATERIALS ETF 37,575 54,053
    VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES ETF 215,761 303,177
    VANGUARD SECTOR INDEX FDS VANGUARD INDUSTRIALS ETF 140,271 241,159
    VANGUARD SECTOR INDEX FDS8 VANGUARD INFORMATION 149,910 447,799
    VISA INC 9,230 9,548
    XCEL ENERGY INC 9,302 9,480
    JP MORGAN CHASE & CO 9,298 9,534
    MCDONALDS CORP 9,351 9,275
    MEDTRONIC PLC 9,264 9,406
    METLIFE INC 9,299 9,281
    MICROSOFT CORP 9,261 9,695
    NEXTERA ENERGY INC 9,283 9,317

    TY 2021 OtherAssetsSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAX 628 1,201 1,201


    TY 2021 OtherExpensesSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 550 275   275
    CLERICAL 825 0   825
    FILING FEES 100 50   50


    TY 2021 OtherIncomeSchedule2
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 16 16 16


    TY 2021 OtherLiabilitiesSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED INTEREST 0 162


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK INVESTMENT MANAGEMENT FEES 40,727 40,727   0


    TY 2021 TaxesSchedule
    Name:
    HELEN CLOSE CHARITABLE FOUNDATION
     
    C/O BARNARD VOGLER & CO
    EIN:
    88-0214245
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON NET INVESTMENT INCOME 4,589 0   0
    FOREIGN TAXES WITHHELD 1,725 1,725   0